How to Set Different Futures Order Types

CoinEx provides 4 different order types for Futures Trading to help you trade more efficiently and professionally.

 

What is Limit Order?

To buy or sell at a set order price and amount. The order will only be executed when the market price reaches the set price or a better price. Therefore, Limit Orders cannot be guaranteed to be executed.

When placing an order,  you can choose any of the following methods to make your order effective: Always Valid (AL), Immediate or Cancel (IOC), Fill or Kill (FOK), Maker Only (MK). For more details, please refer to Different Order Execution Type.

 

What is Market Order?

To buy or sell immediately at the best price in the current market. The order will be systematically executed at the current market price after you set the amount or value.

 

What is Stop-Limit Order?

You need to pre-set the order price and amount and the trigger price when placing a Stop-Limit Order. After the market price reaches the trigger price, a limit order of your preset price and amount will be systematically submitted into the order book.

No assets will be frozen for your untriggered stop orders.

During order submission, you can adjust the trigger price according to different price types: Latest Execution Price, Mark Price, Index Price. When placing an order,  you can also choose any of the following methods to make your order effective: Always Valid (AL), Immediate or Cancel (IOC), Fill or Kill (FOK), Maker Only (MK). For more details, please refer to Different Order Execution Type.

 

What is Stop-Market Order?

You need to pre-set the order amount (or value) and the trigger price when placing a Stop-Market Order. After the market price reaches the trigger price, a market order of your preset amount or value will be systematically submitted into the order book.

No assets will be frozen for your untriggered stop orders.

During order submission, you can adjust the trigger price according to different price types: Latest Execution Price, Mark Price, Index Price.